Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.0513 per share by the investment management company on Friday, March 21st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date is Thursday, March 13th.
Eaton Vance Municipal Income Trust Trading Down 0.3 %
NYSE EVN traded down $0.04 during trading on Thursday, hitting $10.70. The stock had a trading volume of 18,497 shares, compared to its average volume of 100,376. Eaton Vance Municipal Income Trust has a 12 month low of $9.79 and a 12 month high of $11.31. The company's 50-day moving average price is $10.36 and its two-hundred day moving average price is $10.58.
Insider Buying and Selling
In other news, insider Cynthia Frost sold 15,000 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $10.65, for a total transaction of $159,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by corporate insiders.
Eaton Vance Municipal Income Trust Company Profile
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Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.
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